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Rare opportunity to buy a detached Cortijo, with a 5,818m2plot, not far from Fuensanta de Martos in the province of Jaen in Andalucia, Spain
Fuensanta de Martos, Jaen, Spain
REF: 787683
€150,000
Description
Rare opportunity to buy a detached Cortijo, with a 5,818m2plot, not far from Fuensanta de Martos in the province of Jaen in Andalucia, Spain. It is located about 2hrs drive from Malaga airport on almost empty roads surrounded by spectacular Andalucian countryside. Fuensanta town is 2km away and the larger town of Martos 11km. The entrance to the property with its olive trees on the right is a short, steep slope from the road to the carport that can accommodate two cars. Then on the other side of the house is a patio area between the front door and the annexe. Enter the house into a square lobby with stairs to the first floor on the right. On the left is the ample lounge and straight ahead is the kitchen with dining plus a sitting area at the far end and a wood burner. On the first floor there is a bathroom on the left and on the right the main bedroom with an ensuite bathroom. On this floor are three more bedrooms, two doubles and one single. The annexe has one bedroom with an ensuite bathroom and a kitchen diner or living area which could be used as a bedroom if needed. From the kitchen diner there is access to a small terrace with nice views of the surrounding country side. Behind the annexe and lower down is the log store which could be converted into another bedroom. Further down there is another store room that connects to a room that has access to a larger unfinished terrace. This wood store and store room could easily become another annexe. The property has 39 olive trees that are adjacent to the road and are presently being looked after by the neighbour. Beyond the store rooms there is a piece of flat land that can and is being used for growing vegetables and has a communal watering canal that has a very low yearly maintenance charge. A beautiful, ready to go property, with a total build size of 300m2, ideal for bed and breakfast or renting out the annexe, with the possibility of making a third unit or annexe with its own private terrace and views.
Rare opportunity to buy a detached Cortijo, with a 5,818m2plot, not far from Fuensanta de Martos in the province of Jaen in Andalucia, Spain. It is located about 2hrs drive from Malaga airport on almost empty roads surrounded by spectacular Andalucian countryside. Fuensanta town is 2km away and the larger town of Martos 11km. The entrance to the property with its olive trees on the right is a short, steep slope from the road to the carport that can accommodate two cars. Then on the other side of the house is a patio area between the front door and the annexe. Enter the house into a square lobby with stairs to the first floor on the right. On the left is the ample lounge and straight ahead is the kitchen with dining plus a sitting area at the far end and a wood burner. On the first floor there is a bathroom on the left and on the right the main bedroom with an ensuite bathroom. On this floor are three more bedrooms, two doubles and one single. The annexe has one bedroom with an ensuite bathroom and a kitchen diner or living area which could be used as a bedroom if needed. From the kitchen diner there is access to a small terrace with nice views of the surrounding country side. Behind the annexe and lower down is the log store which could be converted into another bedroom. Further down there is another store room that connects to a room that has access to a larger unfinished terrace. This wood store and store room could easily become another annexe. The property has 39 olive trees that are adjacent to the road and are presently being looked after by the neighbour. Beyond the store rooms there is a piece of flat land that can and is being used for growing vegetables and has a communal watering canal that has a very low yearly maintenance charge. A beautiful, ready to go property, with a total build size of 300m2, ideal for bed and breakfast or renting out the annexe, with the possibility of making a third unit or annexe with its own private terrace and views.
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Currency Exchange
Fuensanta de Martos, Jaen, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €150,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €150,000 | £124,782 | £129,093 | £4,311 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,782 |
| Maximum cost in the last six months | £129,093 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,311 |
Fuensanta de Martos, Jaen, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €150,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €150,000 | £124,782 | £129,093 | £4,311 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,782 |
| Maximum cost in the last six months | £129,093 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,311 |
The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £4,311 more.
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